1 GOLD AND COPPER PRICES SURGE WWW.UBPOST.MN PUBLISHED:2025/04/02      2 REGISTRATION FOR THE ULAANBAATAR MARATHON 2025 IS NOW OPEN WWW.MONTSAME.MN PUBLISHED:2025/04/02      3 WHY DONALD TRUMP SHOULD MEET KIM JONG- UN AGAIN – IN MONGOLIA WWW.LOWYINSTITUTE.ORG  PUBLISHED:2025/04/02      4 BANK OF MONGOLIA PURCHASES 281.8 KILOGRAMS OF PRECIOUS METALS IN MARCH WWW.MONTSAME.MN PUBLISHED:2025/04/02      5 P. NARANBAYAR: 88,000 MORE CHILDREN WILL NEED SCHOOLS AND KINDERGARTENS BY 2030 WWW.GOGO.MN PUBLISHED:2025/04/02      6 B. JAVKHLAN: MONGOLIA'S FOREIGN EXCHANGE RESERVES REACH USD 5 BILLION WWW.GOGO.MN PUBLISHED:2025/04/02      7 185 CASES OF MEASLES REGISTERED IN MONGOLIA WWW.AKIPRESS.COM PUBLISHED:2025/04/02      8 MONGOLIAN JUDGE ELECTED PRESIDENT OF THE APPEALS CHAMBER OF THE ICC WWW.MONTSAME.MN PUBLISHED:2025/04/01      9 HIGH-PERFORMANCE SUPERCOMPUTING CENTER TO BE ESTABLISHED IN PHASES WWW.MONTSAME.MN PUBLISHED:2025/04/01      10 LEGAL INCONSISTENCIES DISRUPT COAL TRADING ON EXCHANGE WWW.UBPOST.MN PUBLISHED:2025/04/01      УСТСАНД ТООЦОГДОЖ БАЙСАН УЛААНБУРХАН ӨВЧИН ЯАГААД ЭРГЭН ТАРХАХ БОЛОВ? WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     САНГИЙН ЯАМ: ДОТООД ҮНЭТ ЦААСНЫ АРИЛЖАА IV/16-НААС МХБ-ЭЭР НЭЭЛТТЭЙ ЯВАГДАНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     МОНГОЛБАНКНЫ ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВАЛТ ӨМНӨХ САРААС 56 ХУВИАР, ӨМНӨХ ОНЫ МӨН ҮЕЭС 35.1 ХУВИАР БУУРАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     Б.ЖАВХЛАН: ГАДААД ВАЛЮТЫН НӨӨЦ ТАВАН ТЭРБУМ ДОЛЛАРТ ХҮРСЭН WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     1072 ХУВЬЦААНЫ НОГДОЛ АШИГ 93 500 ТӨГРӨГИЙГ ЭНЭ САРД ОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     Н.УЧРАЛ: Х.БАТТУЛГА ТАНД АСУУДЛАА ШИЙДЭХ 7 ХОНОГИЙН ХУГАЦАА ӨГЧ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/02     “XANADU MINES” КОМПАНИ "ХАРМАГТАЙ" ТӨСЛИЙН ҮЙЛ АЖИЛЛАГААНЫ УДИРДЛАГЫГ “ZIJIN MINING”-Д ШИЛЖҮҮЛЭЭД БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ТӨМӨР ЗАМЫН БАРИЛГЫН АЖЛЫГ ЭНЭ САРЫН СҮҮЛЭЭР ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/02     “STEPPE GOLD”-ИЙН ХУВЬЦААНЫ ХАНШ 4 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ҮЙЛДВЭРЛЭЛИЙН ОСОЛ ӨНГӨРСӨН ОНД ХОЁР ДАХИН НЭМЭГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/04/01    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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Japan, India sign agreement on civil nuclear power www.aljazeera.com

Japan has signed a controversial deal to sell civil nuclear power equipment and technology to I ndia, despite resistance from campaigners, as the two countries seek to boost business and security ties.

The pact, signed on Friday in Tokyo by Japanese Prime Minister Shinzo Abe and his Indian counterpart Narendra Modi , marked the first time Japan agreed to such a deal with a country that is not a member of the Nuclear Non-Proliferation Treaty.

Critics in Japan, the victim of US atomic bombings in the final days of World War II, have previously raised concerns about a risk of the country's technology being diverted to India's nuclear weapons programme.

Yet, the deal is limited to peaceful commercial use, and Tokyo cam terminate it if India conducts a nuclear test.

The pact allows India to reprocess fuel and enrich uranium, though highly enriched uranium that can be used to make nuclear weapons is not permitted without written agreement by Japan.

India's Nuclear Riddle - People & Power
Abe and Modi insisted the agreement will contribute to peaceful use of clean energy.

"This agreement sets a legal framework to assure that India acts responsibly for the peaceful uses of nuclear energy," Abe said, adding that it gets India to effectively participate in the non-proliferation treaty framework.

"It is also in line with Japan's position to promote non-proliferation to create a world without nuclear weapons."

Abe's pro-business government seeks to export nuclear power plants to counter shrinking sales at home since the 2011 Fukushima nuclear disaster, and has discussed similar deals with Vietnam and Turkey.

Modi praised the signing as "a historic step in our engagement to build a clean energy partnership" that will help India to "combat the challenge of climate change".

Anti-nuclear groups denounced the agreement, citing threats to safety and regional peace and increased risk of proliferation.

"There is no effective separation between India’s nuclear energy programme and its weapons programme, and the Japanese government’s agreement conditions are meaningless," Shaun Burnie, a senior nuclear specialist at Greenpeace Japan, said in a statement .

"Approving nuclear trade with India is a geo-strategic decision to support further nuclear weapons proliferation in Asia."

The women of Fukushima, an anti-nuclear lobbying group, have issued an appeal to Modi to visit the disaster area and see at first hand the consequences of nuclear power.

"Nuclear power plants will not bring happiness to your citizens," the group said in an open letter.

"We who experienced the injury of the nuclear accident, we came to understand this through our own bodies and lives."

Energy-hungry India wants to increase nuclear power generation to support its strong economic growth. The country has signed similar nuclear agreements with France, Russia, Britain and the United States.

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Obama administration reportedly abandons TPP www3.nhk.or.jp

The administration of President Barack Obama has reportedly abandoned its long-running goal to ratify the Trans Pacific Partnership free trade agreement.

Several US media outlets said on Friday that Obama administration officials acknowledged the TPP deal has no way forward in the remaining days of his presidency, which ends in January.

They say opposition to the multilateral trade deal by president-elect Donald Trump and Republican lawmakers has effectively killed its chances.

White House official Ben Rhodes said on Friday that President Obama is planning to meet with leaders of TPP member countries when they gather at an APEC summit starting next Saturday in Peru.

Obama is likely to press home the importance of the economic and security implications of the trade pact.

Some countries are proposing negotiations for a new economic agreement that excludes the United States.

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Facebook bug 'kills' users in 'terrible error' www.bbc.com

An unusual bug on Facebook briefly labelled many people as dead.
The error on Friday caused the social network to show a memorial banner on user profiles for people who were still alive.
Users posted status updates to reassure friends and family they were not dead, despite Facebook's message.
"This was a terrible error that we have now fixed," a Facebook spokesperson said. "We are very sorry that this happened."
The message, intended for "memorialised profiles", erroneously appeared on the profile pages of a large number of users - including Facebook CEO Mark Zuckerberg.
"We hope people who love Mark will find comfort in the things others share to remember and celebrate his life," the banner on his page read.
Technology reporters and Facebook users, however, saw a humorous side to the story.

"Why Is Facebook Saying I'm Dead?" asked the New York Times' Katie Rogers. "At first, I was indignant. I was definitely not dead. Then I thought I had been hacked. Then I asked a few of my colleagues. Also dead."
"Facebook is capping one of the longest weeks in American history by telling everyone that they are dead," quipped The Verge, a technology website, in reference to the presidential election.
The memorial feature was introduced by Facebook in 2015 because of a number of high-profile cases where family wanted to access the social accounts of deceased loved ones.
User can opt to have their account turn into a memorial page upon their death, where Facebook contacts can leave message and share memories.
An alternative option is to have your account deleted after your death.

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Egypt wins approval for $12bn loan from the IMF www.bbc.com

The International Monetary Fund (IMF) has approved a three-year $12bn (€11bn) loan for Egypt to help the country out of its deep economic crisis.
Egypt will receive $2.75bn immediately, with the rest subject to its economic performance and further reforms.
IMF Managing Director Christine Lagarde said the bailout would "address longstanding challenges".
Egypt's President Abdul Fattah al-Sisi is facing high unemployment and a budget deficit of 12% of GDP.
The country has struggled to attract foreign investment since the political turmoil in 2011 and the so-called Arab Spring, which saw former president Hosni Mubarak overthrown.
Tourism - traditionally a leading source of income for Egypt - has declined sharply over the past five years.
Last week Egypt floated its currency in a move that reduced its value by almost 50% against the dollar in an attempt to strengthen confidence in the economy.
Egypt allows its currency to float freely
Can Egypt's tourism recover?
The government also increased interest rates by three percentage points to 14.75%, and raised the price of basic commodities and fuel.
The moves led to widespread criticism of the president and a drop in his popularity. A big security operation was put in place in Cairo to pre-empt mass demonstrations that had been expected on Friday.

Ms Lagarde said the latest "home-grown economic plan" was intended to tackle the country's large budget deficit, low growth and high unemployment rate.
She said that further reforms, such as reductions in fuel subsidies and legislation to reduce Egypt's public sector wage bill, were necessary for the country to move forward.
"Resolute implementation of the policy package is essential to restore investor confidence," Ms Lagarde said.
In 2013, Egypt's first democratically elected president, Mohammed Morsi, was ousted by the military, led by Gen Sisi, after only one year in power.
Mr Sisi was later elected president in May 2014.

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Shenhua Energy expresses readiness to collaborate in major projects www.montsame.mn

Ulaanbaatar /MONTSAME/ State Secretary of the Ministry of Foreign Affairs D.Davaasuren received the representatives of China Shenhua Energy Company Limited, led by the chairman of Board, Mr Lu Bing on November 10.

The State Secretary informed the guests of the commitment of the Government of Mongolia to fulfill its platform of actions, with special accent on the essential economic sectors – mining, infrastructure and constructions.

In turn, Mr Lu Bing, while noting China and Mongolia are important partners for each other, expressed willingness on behalf of his company to cooperate with the Mongolian government on major construction projects.

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Singles' Day sales break record again in China www.xinhuanet.com

HANGZHOU, Nov. 11 (Xinhua) -- Within minutes of it kicking off at midnight, Singles' Day, China's annual online shopping fiesta, had smashed sales records across multiple online marketplaces.
 
Sales on Alibaba had surpassed 10 billion yuan (1.47 billion U.S. dollars) in six minutes 58 seconds, almost six minutes ahead of last year, the company said.
 
Gome, another e-commerce site, recorded a 366-percent year-on-year surge in orders in the first hour.
 
As of 9 a.m. Friday, total sales across 16 of China's major e-commerce platforms had already topped 76 billion yuan, according to data provider Syntun, which has been monitoring the real-time transactions of the top 16.
 
Put forward by Alibaba as the Chinese version of Black Friday, Singles' Day has grown into a huge competition for market share among Chinese e-commerce companies.
 
Of the 76-billion yuan transactions, 74.2 percent were made through platforms managed by e-commerce giant Alibaba; 16.4 percent through JD.com and 2.8 percent on home appliance retailer Suning.com.
 
This year's online shopping bonanza saw an increase in the number of mobile transactions, with 83 percent of the purchases completed on mobile devices.
 
According to Internet industry research agency iResearch, China's online shopping market's sales volume was 1.1 trillion yuan in the second quarter, up by 27.6 percent from the same period last year. It also estimated the volume would exceed 1.5 trillion in the fourth quarter.
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Petrobras racks up massive losses due to write-offs www.bbc.com

Brazil's state oil giant Petrobras has reported a massive loss for the third quarter of its financial year.
Analysts had been expecting the firm to make a profit, but instead it lost 16bn reais ($4.8bn; £3.86bn).
Petrobras said low oil prices had forced it to cut the value of oil fields and other assets.
The firm is restructuring under new management after a corruption scandal battered the company's finances last year.
The shake-up has been welcomed by investors, with Petrobras shares almost trebling in value on the Brazilian stock market since January.
Petrobras said that without having to cut the value of assets it could have made a profit.
"The message we want to convey is that these impairments are non-recurring, and that we don't expect them to happen, not at least in this magnitude, in the coming future," said chief financial officer Ivan Monteiro.
Worker painting Petrobras tankImage copyrightREUTERS
Scaling down
The company's performance was also hit by the cost of a voluntary redundancy scheme, as well as court disputes in the US.
Petrobras has been scaling down by selling off assets and pulling out of certain sectors.
Meanwhile Brazil's government is reforming the oil sector so that it does not have to depend too much on Petrobras.
Earlier this week, Brazil's Congress gave its final approval to a new bill that paves the way for foreign companies to explore lucrative new fields, without Petrobras having to hold a mandatory stake in them.
On Thursday, Shell announced plans to spend $10bn in Brazil over the course of five years.
"This was a good move by the government and it will open up opportunities for more players to invest in Brazil," Shell chief executive Ben van Beurden said.
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PPI down 19th straight month www3.nhk.or.jp

The latest data shows company managers in Japan have been paying less for their materials due to a stronger yen and lower oil prices.
 
The index for prices on goods traded among companies fell in October for the 19th straight month.
 
Officials at the Bank of Japan say the producer price index was down 2.7 percent from the same time last year. The figure has been in negative territory since April last year.
 
The fall is mainly due to lower prices for nonferrous metals, such as copper. They dropped over 11 percent, on the back of a higher yen and a slowdown in China. Cheaper petroleum and coal products were another factor. They were down by more than 7 percent due to lower oil prices.
 
Officials say the rate of decline has been moderating gradually. They say they're going to monitor any effects the US elections have on producer prices.
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Chinese investors keen in investing in Ethiopia: Official www.chinadaily.com.cn

ADDIS ABABA - Chinese investors have shown their keen interest to invest in Ethiopia, said Ethiopian Investment Commission (EIC) head Fitsum Arega on Thursday.
 
The African country in the past three months received 124 investors who have keen interest to invest, out of whom 71 were from China, said Arega.
 
Data from the EIC also show that the number of Chinese investors with keen interest to invest in the country is larger than other countries combined.
 
Arega also expressed his regret and sadness over "the appalling damages, indiscriminate looting and destruction sustained by national and foreign investment projects operating in some parts of Ethiopia and the short-lived state of insecurity".
 
"The chain of unfortunate incidents last month have come at greater cost to business and had created a sense of insecurity and business uncertainty. Since, the government has taken decisive measures to restore peace and order and assuage the concerns leveled by various investors," he noted.
 
According to Arega, despite challenges such as drought and insecurity, the country's foreign direct investment has registered a 50-percent increase to reach $3 billion in last budget year.
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ADB lends $34b to China in 30 years www.chinadaily.com.cn

SHANGHAI - Asian Development Bank (ADB) has provided $34 billion in loans to China since the country became an ADB member in 1986, bank president Takehiko Nakao said Thursday.
 
The loans comprised $31 billion for the public sector and $3 billion for the private sector, Nakao said at a symposium in Shanghai to commemorate the 30 years of China's ADB membership.
 
ADB also supported China with 430 million dollars in technical assistance grants.
 
"China has made an example of how an economy can achieve very rapid growth drawing on market systems and open trade and investment relations with partner countries," Nakao said.
 
Chen Shixin, director-general of the department of international economic and financial cooperation at the Ministry of Finance, said China has an all-round mutually beneficial cooperative partnership with ADB, and ADB has played an important role in poverty-reduction, economic and social development.
 
Chen said under the 2030 UN Agenda for Sustainable Development, multilateral organizations need to work with the developing members, especially by investing in infrastructure.
 
"ADB is ready to help China's further transformation and address economic, social and demographic challenges through our finance and knowledge work," Nakao promised.
 
He stressed ADB's readiness to support China in reducing CO2 emissions.
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